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RIBELEC

Bankruptcy closed Private limited company (pre-2019)KBO/BCE: BE 0887.903.752

Information for creditors

Enterprise Court of Brussels · Official Gazette of 20-11-2024

Opened on 21 June 2023 · moratorium passed on 21 June 2023

Steps, deadlines and articles of law

The procedure

Track
Reorganisation by collective agreement
Docket number
20230013
Moratorium until
21 June 2023 (passed, unless a later judgment extended it)
Delegated judge
Frank Taildeman
Official Gazette
20-11-2024search the document for 2024/144456

Steps for a creditor

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for. It has to tell you. Dispute a wrong amount in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium. Agree clear payment terms for it.
  5. The file is in RegSol, where you can read the documents of the procedure.

The judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

Follow Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.

This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.

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Lifetime

17 annual accounts with figures on one time axis
peak €199,820 (2020)
€78,642▲ 12.7%
lowest -€103,011 (2022)
€18,825▲ €121,836
peak €44,668 (2020)
-€104,302▲ €18,825
€324,898▲ 1.6%
peak 4 FTE (2020)
-not published
Board2 names since 2019
Documentsfilings and deeds
14-02-2025198 days late
2023micro format
Gross margin from €69,751 to €78,642Back to profit: €18,825Registered office moved from GRIMBERGEN - Temselaan to Brussels 07-07Equity from -€123,127 to -€104,302Cash from €801 to €5,214

Key points

from the 2023 annual accounts, the last ones filed

Debts

€324,898 147% of the balance sheet
Suppliers 69%Taxes and wages 31%

Staff

2.1 FTE from 5.8 in 2021

Between 2021 and 2023, 64% of the full-time equivalents disappeared.

Final months

649 days from reorganisation to bankruptcy
  • 21-06-2023 reorganisation opened
  • 31-03-2025 declared bankrupt
  • 07-04-2025 published in the Official Gazette

No annual accounts were filed for 2024.

No score

Board and ownership

  • DA SILVA PEREIRA Adolfo 1,000 sharesdeed of 17-12-2019
Board & ownership

Recent changes

Bankruptcy closure (insufficient assets) French-language Enterprise Court of Brussels · judgment of 02-06-2026 · Bankruptcy
Bankruptcy published French-language Enterprise Court of Brussels · judgment of 31-03-2025 · Bankruptcy
Address struck KBO administration
Judicial reorganisation opened Enterprise Court of Brussels · collective agreement · judgment of 21-06-2023 · Judicial reorganisation
All 35 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 31-03-2025
Legal form
Private limited company (pre-2019)
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2023

≈ €240,000estimated
€220,595▲ 12.2%
Employeeson 31-12-2023
2▼ 60.0%
Filing
Filed on 14-02-2025
Financials

Insights on RIBELEC

Equity fell from €44,668 in 2020 to -€104,302 in 2023, while debts rose from €239,386 to €324,898.

On 21 June 2023 the court opened a judicial reorganisation. 649 days later came the bankruptcy.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about RIBELEC

What is the company number of RIBELEC?
The company number of RIBELEC is 0887.903.752. The VAT number is the same number with BE in front: BE 0887.903.752.
What is the legal form of RIBELEC?
RIBELEC is a private limited company (pre-2019) (BVBA).
Is RIBELEC still active?
No. The bankruptcy of RIBELEC has been closed.Company details
How many employees did RIBELEC have?
RIBELEC had an average of 2.1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of RIBELEC?
The turnover in financial year 2023 is ≈ €240,000. This figure is estimated from the gross margin of €78,642 and 2,667 comparable companies of the same size. It probably lies between €160,000 and €410,000. It is a rough estimate.
Is RIBELEC profitable?
In financial year 2023, RIBELEC made a profit of €18,825.
Where can I find the annual accounts of RIBELEC?
RIBELEC filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

Next steps

Keep this company with today's facts in a case file.